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BRIEF-Dolby Labs Reports Fourth Quarter And Fiscal 2020 Results

BY Reuters
— 4:51 PM ET 11/12/2020

Nov 12 (Reuters) - Dolby Laboratories Inc (DLB):

* DOLBY LABORATORIES REPORTS FOURTH QUARTER AND FISCAL 2020 FINANCIAL RESULTS

* Q4 NON-GAAP EARNINGS PER SHARE $0.45

* Q4 GAAP EARNINGS PER SHARE $0.26

* Q4 REVENUE $271.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $244 MILLION

* SEES Q2 REVENUE $270 MILLION TO $300 MILLION

* Q4 EARNINGS PER SHARE ESTIMATE $0.34 -- REFINITIV IBES DATA

* SEES Q1 2021 TOTAL REVENUE TO RANGE FROM $330 MILLION TO $360 MILLION

* SEES Q1 2021 DILUTED EARNINGS PER SHARE TO RANGE FROM $0.70 TO $0.85 ON A GAAP BASIS

* DILUTED EARNINGS PER SHARE ON A NON-GAAP BASIS IS ANTICIPATED TO RANGE FROM $0.97 TO $1.12 FOR Q1 2021

* Q1 EARNINGS PER SHARE VIEW $0.56, REVENUE VIEW $277.9 MILLION -- REFINITIV IBES DATA

* ANTICIPATE THAT CINEMA SITES COULD CONTINUE TO BE NEGATIVELY AFFECTED THROUGH FIRST HALF OF FISCAL 2021 OR LONGER Source text for Eikon: Further company coverage:

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

More DLB News

  • Dolby Laboratories Announces Conference Call and Webcast for Q4 Fiscal 2020 Financial Results
    GlobeNewswire - 8:30 AM ET 11/05/2020
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